Africa Confidential Vol 55 No 10 | 16 May 2014 NIGERIA/ BRITAINPolice and regulators are still investigating the consequences of Chief Dan Etete awarding himself an oil licenceThe Metropolitan Police’s Proceeds of Corruption Unit (POCU) in London has confirmed to Africa Confidential that it is investigating allegations of money laundering through Britain linked to Nigeria’s Oil Prospecting Licence 245. Subsidiaries of Royal Dutch Shell and Italy’s ENI (Ente Nazionale Idrocarburi) bought OPL 245 from the Nigerian government for US$1.09 billion, which passed most of it to Malabu Oil and Gas. This is a shell company controlled by Chief Dan Etete, aka Dauzia Loya Etete, the Oil Minister under GeneralSani Abacha, who ruled in 1993-98. The funds paid to Malabu were quickly transferred to other shadowy companies whose beneficial owners are unknown.(629 words)https://www.africa-confidential.com/index.aspx?pageid=21&articleid=5625